“Again, why let them go at $.037 if one believes they’ll be worth considerably more in the future?”
He effectively Sold 65K shares for $.037 each - instead of paying one tenth of one cent in cash for each share. Why sell or otherwise sacrifice shares for that price if you think the price will be higher in the future? Doesn’t Jon believe in KBLB’s success? Or maybe he doesn’t have the spare cash. Unlike Kim, though, Jon doesn’t have a bottomless well of shares from which to draw. Someone suggested there was a tax strategy at play. Dunno. Don’t care about this subject anymore.
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